Mexico: AMLO nationalizes lithium “so that foreigners cannot exploit it”

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Mexico’s President Andres Manuel Lopez Obrador ordered Saturday by decree the nationalization of lithium, an essential mineral for the manufacture of electric batteries, with the aim that a foreign country cannot exploit this resource.

“What we are doing now (…) is to nationalize lithium so that it cannot be exploited by foreigners, neither from Russia, China, or the United States. Oil and lithium belong to the nation, they belong to the people of Mexico, to you, to all those who live in this region of Sonora, to all Mexicans”, stated L√≥pez Obrador during an event in Sonora, according to . . .

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